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A former female shareholder at Greenberg Traurig has sued the firm in a putative gender discrimination class action, alleging she was told to look for other employment after complaining about Greenberg Traurig’s compensation policies, which she said created a “boys club of origination” that stifled women’s ability to generate business and bill as many hours [...]

LOS ANGELES – A federal judge in California on Feb. 1 dismissed a putative class action accusing Bank of America Co. and an affiliate insurer of pulling money from customers’ bank accounts to pay for insurance policies that customers did not request or approve (Jerome White, et al. v. Bank of America Corp., et al., [...]

NEW ORLEANS – Parties in the Chinese drywall multidistrict litigation in a Louisiana federal court on Dec. 15 announced a proposed class action settlement that would potentially resolve thousands of claims involving defective drywall manufactured by Knauf Plasterboard Tianjin (KPT) (In re: Chinese-Manufactured Drywall Products Liability Litigation, No. 2:09md02047, E.D. La.). LexisNexis® Mealey’s™ Daily Legal [...]

PHOENIX – A federal judge in Arizona on Nov. 29 preliminarily approved a $ 145 million settlement between shareholders and Apollo Group Inc. and certain of its executive officers to end the long-running securities class action lawsuit (In re Apollo Group, Inc. Securities Litigation, No. 04-2147, D. Ariz.). LexisNexis® Mealey’s™ Daily Legal News

WASHINGTON, D.C. – The U.S. Supreme Court on Nov. 7 ruled that it will not hear an appeal of a Sixth Circuit U.S. Court of Appeals ruling that shareholders have properly pleaded scienter in making their federal securities law claims against two executive officers of Dana Corp. (Michael J. Burns, et al. v. Plumbers & [...]

DENVER – Lead plaintiffs in a multidistrict litigation have failed to plead their claim under Section 13(a) of the Investment Company Act, but have properly pleaded all other federal securities law claims, a federal judge in Colorado ruled Oct. 24 in substantially denying defendants’ motions to dismiss (In re Oppenheimer Rochester Funds Group Securities Litigation, [...]

NEWARK, N.J. – A federal judge in New Jersey on Sept. 23 ruled that health plan participants’ claims that insurers violated the Employee Retirement Income Security by basing their reimbursement rates for out-of-network services on flawed data may continue, but the judge dismissed health care providers’ claims and the participants’ antitrust claims and failure-to-provide-information claims [...]

NEW YORK – A group of women who allege that they were paid less than their male counterparts while selling jewelry may proceed with their claims as a class action in arbitration, a split Second Circuit U.S. Court of Appeals panel ruled July 1, reversing a ruling by a U.S. District Court for the Southern [...]

OAKLAND, Calif. – A federal judge in California on May 25 found that a class action plaintiff failed to plead her unfair trade practices and consumer remedies law claims against several skilled nursing facility entities with enough specificity. The judge allowed the plaintiff to replead claims against a potential nursing home parent company, according to [...]